Fed Chair Powell advocates for stablecoin regulation, signals openness to crypto innovation
Article
Publish date
Apr 16, 2025 - 12:00am
Publisher
CryptoSlate
Web URL
https://cryptoslate.com/fed-chair-powell-advocates-for-stablecoin-regulation-signals-openness-to-crypto-innovation/
Referenced by
J.Powell reiterated the need for stablecoin legislation at the Economic Club of Chicago
Crypto news
News story
Speaking at The Economic Club of Chicago on April 16, Powell said both chambers of Congress are revisiting efforts to legislate a stablecoin framework, which he described as necessary given the growing relevance of these digital instruments.
Crypto news
Quote
He emphasized that such a framework should include consumer protections and ensure transparency and added that “stablecoins are a digital product that could actually have fairly wide appeal.”
Crypto news
Quote
Show more
